Fidelity Digital Assets – the cryptocurrency division of Fidelity Investments – has recently sent representatives of the firm to secretly meet with agents of the Securities and Exchange Commission (SEC) as a means of pushing its new crypto-based exchange-traded fund (ETF) further along the way. Fidelity Wants the SEC to Move Quickly Fidelity believes that the cryptocurrency industry is now large enough to push such a product, which has been making its way across SEC...
Read More »SEC Chair Gensler: Stablecoins Are Poker Chips at the Casino Gaming Tables
David Ignatius of the Washington Post interviewed SEC chair, Gary Gensler, on the cryptocurrency landscape, where the latter provided his approach to regulating the digital asset industry. Gensler expresses optimism for the possibilities crypto provides for enhancing finance, but he also believes that most of the space should fall under regulatory supervision – including stablecoins. At the start of the interview, Gensler commented on the recent market crash in the market of...
Read More »This country bought the dip
Bitcoin El Salvador: This country bought the dip Dips are for buying, don’t take our word for it, that’s some solid presidential advice. In a mere 3 days, Bitcoin lost 5,000 euros in value. A small, perfect dip if you were waiting for a buying opportunity. Apparently El Salvador was one of those waiting on the sidelines. The President let the world know they are stacking sats again. They can’t beat you if you buy the dip Buying the dip ? 150...
Read More »Jim Cramer Urges for Caution in The Cryptocurrency Market Amid Evergrande Saga
CNBC’s Jim Cramer opined that the Evergrande debt crisis in China could keep causing severe disruption in financial fields, including the cryptocurrency market. He also advised people sitting on unrealized gains from their investments to take “something off the table” before losing it. ‘Don’t Let It Become a Loss’ The American TV personality Jim Cramer shared his stance on the recent crypto decline and the ongoing crisis with one of China’s leading real estate companies –...
Read More »Ray Dalio: If BTC Works, Regulators May Destroy It
In the past, Ray Dalio – a billionaire investor that started the world’s largest hedge fund – has stated that the governments of the world could potentially try to ban or take one’s bitcoin units if the asset was to be successful enough. Ray Dalio Warns Crypto Fans of Possible Government Action Now, his warning has become even more dire, with Dalio saying that governments everywhere could potentially just try to “kill” bitcoin if it goes much further. He commented that...
Read More »Portal Raises $8.5M to Bring Bitcoin-based DeFi to Users Backed by Coinbase Ventures and Others
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Read More »Following Bitcoin’s Drop, Addresses in Profit Slumped From 82% to 70%
Bitcoin’s most recent downturn also took a toll on the addresses that are in profit – they decreased from 82% to 70% in less than a couple of days. As CryptoPotato reported yesterday, the entire cryptocurrency market tumbled following a broader collapse of stocks throughout the world amid rising debt crunch fears in China. This saw over $800 billion worth of both long and short positions liquidated, and Bitcoin’s price tumbled to as low as $40,200 earlier today. The sharp...
Read More »Bitcoin, Ether Join Crypto Market Rebound from Global Selloff Triggered by Evergrande
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »New Yorker Immobilienfirma akzeptiert jetzt Bitcoin
Für viele ist Bitcoin nur eine Investmentmöglichkeit. Vor allem in Zeiten von steigenden Inflationsraten bietet der BTC eine Alternative, die im Wert steigt. Eine New Yorker Firma ermöglicht nun den Kauf von Immobilien mit Bitcoin, wodurch der BTC weiter an Funktionalität gewinnt. Bitcoin News: New Yorker Immobilienfirma akzeptiert jetzt BitcoinDie Firma hat seine Immobilien Käufern weltweit geöffnet, so dass theoretisch auch deutsche Investoren ihre BTC mit dieser Firma in harte physische...
Read More »Cardano (ADA) Price Analysis: Support Turned Resistance Near $2.30
ADA price started a sharp decline from the $2.60 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2.35 on the 4-hours chart (data feed via Bitfinex). The price could remain in a bearish zone as long as it is below the $2.35 resistance zone. Cardano price is down over 10% and it broke the $2.20 support against the US Dollar, similar to bitcoin....
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